Matador

Free investing + Social feed of trades + 2.5% on your cash

Matador is a new app to grow your money by exploring, sharing, and discovering the stock market with your friends. They just launched with nearly $9M in early funding from Accel and Greycroft -- the same backers behind Venmo, Acorns, and Monzo.
Discussion
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9 Reviews5.0/5
Hey, thanks for the hunt! After a year of building Matador in early development, we just launched a big re-design, a 2.5% interest offer and made it available to the general public. We built Matador to remove the scare-factor that prohibits most people from taking advantage of the stock market. With an average growth rate of almost 10% per year (measured over the last 100 years), we think the stock market is a great way to put your money to work. But every investing service is a solo-effort, where you're doing your own thing, in isolation. In an increasingly connected world, something felt off about that, so we decided to built a community-first investing platform that lets people share & invest, all under one roof. By offering 2.5% interest, unlimited no-fee investing in U.S. stocks & ETFs—and insights into what, when, and why friends & thought-leaders are investing in—we've tried to build the simplest, best way to grow your money. Looking forward to getting feedback and hearing what everyone thinks. ✌️ Quick FAQ: * 2.5% interest up to $10,000: All accounts are SIPC insured up to $500,000 in total (across securities and cash), with a max of $250,000 insurance on cash. For more details, please see https://www.sipc.org/for-investo.... (No need for multiple accounts, it's all just one account.) * Unlimited commission-free trading: We support over 9,000 U.S. stocks, ETFs and some ADRs (to invest in international stocks). * Community: We let people connect with friends as well as thought-leaders in certain themes (e.g. Gaming, Self-driving cars, etc.) and invite people with a limited-time-only Give/Get $20 referral program. * Deposits: We support instant deposits which lets you sign up, create an account and deposit cash in minutes, not days.
@malling I'm pumped about trying Matador.
@malling Heads-up that your website is displaying LSEP characters in my Chrome browser which conflicts with some of the text.
Love this concept! I haven't been very involved in the stock market. The apps I've tried like eTrade or Robinhood don't get you set up and investing quickly enough. This seems like a good and enjoyable way get into the habit of trading.
@e_reder Thanks! Glad to have you onboard 🙏
Congrats! It’s awesome
Congrats on raising the $9M round!! The product is beautiful. Looks like it will be a big hit with the younger crowd. Downloading now :)
@juannikin Thanks! Excited to hear what you think.
Excited to try this out...looks very slick